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[Update] Temasek’s Fullerton Acquires Majority Stake In Lendingkart

  • Temasek-owned Fullerton Financial Holdings (FFH) has acquired a majority stake in Lendingkart, an MSME-focussed lending tech platform.
  • RBI has granted its approval for the deal, which saw FFH invest INR 252 Cr in Lendingkart as part of its Series E round.
  • The acquisition will strengthen Lendingkart Group's long-term growth prospects and provide deeper financial flexibility to support sustainable growth.
  • Fullerton's strategic support will help Lendingkart expand its lending capacity and increase loan disbursals to help small businesses thrive.

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